MSC INCOME FUND INC (MSIF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MSIF SEC filings page.
This page shows MSC INCOME FUND INC (MSIF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Profit is reported consistently, but cash generation swings while a growing asset base is funded with substantial debt.
The shift from positive operating cash flow in FY2023 to-$70.4M in FY2025 shows cash conversion is unstable, not simply a reflection of reported earnings. With FY2025 net income reaching$88.7M , the gap indicates that accounting income and cash availability can diverge materially in this financing-heavy model.
Balance-sheet expansion has been debt-supported: total assets increased from
In FY2025, dividends paid were
Financial Health Signals
MSC INCOME FUND INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
MSC INCOME FUND INC passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass.
For every $1 of reported earnings, MSC INCOME FUND INC used $0.79 of operating cash (-$70.3M OCF vs $88.7M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
MSC INCOME FUND INC reported $29.3M in net income in Q2 2026. This represents an increase of 79.7% from the same quarter a year earlier. Against the prior quarter it is up 121.4%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
MSC INCOME FUND INC held $28.1M in cash against $661.2M in long-term debt as of Q2 2026.
MSC INCOME FUND INC paid $0.36 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
MSC INCOME FUND INC's ROE was 3.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.1 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
MSC INCOME FUND INC repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
MSIF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $1.1M-2.2% | $1.0M+1.2% | N/A | $1.3M+3.8% | $1.1M+3.9% | $1.0M-0.7% | N/A | $1.3M+16.2% |
| Interest Expense | $9.9M+13.7% | $8.9M+8.2% | N/A | $8.6M-16.6% | $8.7M-9.1% | $8.2M-13.7% | N/A | $10.4M+10.3% |
| Income Tax | N/A | N/A | N/A | N/A | N/A | $0 | N/A | $0+100.0% |
| Net Income | $29.3M+79.7% | $13.2M-16.7% | N/A | $26.5M+259.9% | $16.3M-10.1% | $15.9M+49.9% | N/A | $7.4M-44.9% |
| EPS (Basic) | N/A | $0.350.0% | $0.28-17.6% | $0.35+9.4% | $0.35+6.1% | $0.350.0% | $0.34+78.9% | $0.32+77.8% |
| EPS (Diluted) | N/A | $0.350.0% | $0.28-17.6% | $0.35 | $0.35+6.1% | $0.350.0% | $0.34+78.9% | $0.32 |
| Diluted Shares (Avg) | 45M-3.6% | 46M+3.2% | N/A | 47M | 47M+17.1% | 45M+11.3% | N/A | 40M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
MSIF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B+11.7% | $1.4B+6.6% | $1.4B+12.8% | $1.3B+5.8% | $1.3B+6.8% | $1.3B+14.1% | $1.2B+7.4% | $1.2B+6.5% |
| Cash & Equivalents | $28.1M-1.0% | $15.6M-60.6% | $20.6M-27.3% | $18.1M-63.0% | $28.3M-3.9% | $39.5M+60.1% | $28.4M-7.8% | $48.9M+111.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $695.0M+21.9% | $690.4M+14.4% | $642.4M+7.1% | $563.7M-7.4% | $570.3M-3.0% | $603.5M+11.8% | $599.8M+15.9% | $608.8M+12.9% |
| Long-Term Debt | $661.2M+22.8% | $649.1M+13.8% | $602.8M+6.7% | $528.7M-4.9% | $538.6M-2.2% | $570.2M+13.2% | $565.1M+16.6% | $556.1M+9.9% |
| Total Equity | $748.8M+3.6% | $719.5M+0.1% | $738.7M+18.2% | $734.4M+18.7% | $722.8M+16.0% | $718.9M+16.2% | $624.9M+0.4% | $618.5M+0.8% |
| Retained Earnings | -$17.2M+74.1% | -$46.5M+29.2% | -$43.4M+32.9% | -$56.9M+20.5% | -$66.4M-3.0% | -$65.7M+3.6% | -$64.7M-1.3% | -$71.5M+0.3% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
MSIF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.9M-48.8% | -$18.4M+74.6% | -$45.5M-209.5% | $14.7M-44.5% | $32.9M+216.5% | -$72.5M-526.6% | -$14.7M-135.6% | $26.5M+363.7% |
| Financing Cash Flow | -$4.4M+90.1% | $13.3M-84.1% | $48.0M+919.8% | -$24.9M-255.8% | -$44.1M-233.1% | $83.6M+1438.9% | -$5.9M+82.6% | -$7.0M-327.6% |
| Dividends Paid | $16.3M-3.2% | $16.3M-3.2% | $16.8M+15.8% | $17.0M+17.5% | $16.9M+16.9% | $16.9M+13.8% | $14.5M+3.1% | $14.5M+3.4% |
| Share Buybacks | $0-100.0% | $16.0M | $9.0M+126.4% | $2.5M-37.1% | $146K-97.6% | $0-100.0% | $4.0M-42.5% | $4.0M-42.6% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow.
MSIF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | 3.9%+1.7pp | 1.8%-0.4pp | N/A | 3.6%+2.4pp | 2.3%-0.7pp | 2.2%+0.5pp | N/A | 1.2%-1.0pp |
| Return on Assets | 2.0%+0.8pp | 0.9%-0.3pp | N/A | 2.0%+1.4pp | 1.3%-0.2pp | 1.2%+0.3pp | N/A | 0.6%-0.6pp |
| Debt-to-Equity | 0.88+0.1x | 0.90+0.1x | 0.82-0.1x | 0.72-0.2x | 0.75-0.1x | 0.790.0x | 0.90+0.1x | 0.90+0.1x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| MSC INCOME FUND INC MSIF | FY2025 | N/A | $88.7M | N/A | $570.9M | — |
| Crescent Capital Bdc Inc CCAP | FY2025 | N/A | $34.5M | N/A | $383.2M | — |
Where MSC INCOME FUND INC Ranks
Frequently Asked Questions
Is MSC INCOME FUND INC profitable?
Yes, MSC INCOME FUND INC (MSIF) reported a net income of $88.7M in fiscal year 2025.
How much debt does MSC INCOME FUND INC have?
As of fiscal year 2025, MSC INCOME FUND INC (MSIF) had $20.6M in cash and equivalents against $602.8M in long-term debt.
Does MSC INCOME FUND INC pay dividends?
Yes, MSC INCOME FUND INC (MSIF) paid $1.44 per share in dividends during fiscal year 2025.
What is MSC INCOME FUND INC's return on equity (ROE)?
MSC INCOME FUND INC (MSIF) has a return on equity of 12.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is MSC INCOME FUND INC's operating cash flow?
MSC INCOME FUND INC (MSIF) recorded an outflow of $70.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are MSC INCOME FUND INC's total assets?
MSC INCOME FUND INC (MSIF) had $1.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What is MSC INCOME FUND INC's debt-to-equity ratio?
MSC INCOME FUND INC (MSIF) had a debt-to-equity ratio of 0.82 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MSC INCOME FUND INC's return on assets (ROA)?
MSC INCOME FUND INC (MSIF) had a return on assets of 6.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is MSC INCOME FUND INC's P/E ratio?
MSC INCOME FUND INC (MSIF) trades at 6.4x earnings, its market capitalization divided by net income of $88.7M net income, FY2025. The market capitalization is $570.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MSC INCOME FUND INC's price-to-sales ratio?
MSC INCOME FUND INC (MSIF) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $570.9M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is MSC INCOME FUND INC's Piotroski F-Score?
MSC INCOME FUND INC (MSIF) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MSC INCOME FUND INC's earnings high quality?
For every $1 of reported earnings, MSC INCOME FUND INC (MSIF) used $0.79 of operating cash (-$70.3M OCF vs $88.7M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.